Smaller rate hikes were music to investors' ears. After two down days that looked like it could have stretched to three, the markets pulled a quick reversal and came roaring back after Fed Chairman Powell's speech at the Brookings Institution. If you were following the markets on... READ MORE
A year or so ago, the thought of investing in coal companies may not have crossed your mind. Yet coal stocks seem to be playing a part in leading the Energy sector higher, at least for the short term. One chart that looks particularly interesting today is Peabody Energy Corp.... READ MORE
The higher lows in the S&P 500 Index are giving investors and traders some hope. Will the gains continue? We're heading into the Thanksgiving holiday with a somewhat positive outlook from the stock markets. After a challenging year, with the markets reaching their all-time highs in... READ MORE
Hey Chartwatchers! Have you ever thought about how dividends may impact the price of your dividend-paying stocks or funds? Dividends are like the cherry on the cake. They give you a little extra money for investing in a company. Not all stocks pay dividends, but for those that do, there... READ MORE
Read or listen to any financial media outlet and you're likely to hear the words "inverted yield curve." What does that mean and, more importantly, what does it mean for your investments? The shape of the yield curve may not have made the top of your... READ MORE
The economy may be slowing, but the cash registers keep on scanning. October retail sales were up 1.3%—a sign people are shopping and spending money. The increase in retail sales may not have been evident in Target's (TGT) earnings, but TJX Companies (TJX) saw its stock... READ MORE
Wash, rinse, repeat. We're seeing a scenario very similar to what we saw last Thursday, when the Consumer Price Index data was released. Today's Producer Price Index (PPI) also showed signs that inflation may be cooling. The softer-than-expected October PPI number was news that may further... READ MORE
After hitting a high of around $176 in November 2021, the e-commerce platform Shopify, Inc. (SHOP) saw its stock price fall to a low of $23.63 within the span of a year. During the COVID-19 pandemic, SHOP attracted a lot of sellers, since many transitioned to offering their goods... READ MORE
The Consumer Price Index (CPI) report for October 2022 suggested that inflation could be cooling. This was welcome news for the stock market, given that the CPI has been steadily rising since December 2020. October CPI rose 0.4%, below the expected 0.6%, which brings the year-over-year increase to... READ MORE
When it comes to Wall Street, is it more about who controls Congress, or about erasing the uncertainty attached to the midterm election results? The uncertainty is still lingering since the midterm election results are still undecided as of this morning. Regardless of whether there's a sweep or... READ MORE
Tech stocks, once the favorite among investors, seem to be losing some of their bling. Since the middle of earnings season, investors seem to be shifting towards the more non-glamorous materials and industrial stocks. Take a quick view of charts of the three broader indexes—Dow Jones Industrial Average ($INDU)... READ MORE
The Bureau of Labor Statistics released its October jobs report today. The number of jobs added was higher than the consensus forecasts. Key Points of October Jobs Report * Non-farm payrolls rose by 261,000 in October, higher than the 200,000 economists expected. * Average hourly earnings were up 0.4%... READ MORE
Between 2012 and 2015, Gilead Sciences (GILD) enjoyed a nice rally. Since then, the stock has been through a rough patch. But its third-quarter 2022 earnings and revenue may be the spark the stock needed to bring it back to life. GILD beat estimates when the company reported after the... READ MORE
The Fed may have raised interest rates by 75 basis points, but what's more important is the Fed's tone. Is it still hawkish, or did it shift to a more neutral stance? A 75-basis point rate hike was already baked in, so today's decision... READ MORE